£283,327
This estimated value is based upon the latest sale price for the house of £228,550 on 6 Aug 2019. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £228,550 | 6 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,061 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in August 2019 the House Price Index for NORFOLK was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £228,550 results in an estimated price of approximately £283,327.
| 6 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £228,550 | £54,777 | £283,327 |
The Postcode Pricing Model uses changes in average sales price within the IP24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 18.096 % | £41,358 | £269,908 |
| 3 Month Average | 18.852 % | £43,085 | £271,635 |
| 6 Month Average | 18.239 % | £41,686 | £270,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £241,206 | £237,500 | 36 NORFOLK ROAD |
| 14 Mar 2024 | £294,525 | £290,000 | 18 REDGATE |
| 30 Nov 2023 | £307,814 | £300,000 | 20 REDGATE |
| 21 Nov 2023 | £277,032 | £270,000 | BRIDGE VIEW GREEN LANE |
| 3 Nov 2023 | £328,334 | £320,000 | 89 REDGATE |
This house has a floor area of 98 sq meters or 1,061 sq feet when measured on 24 Sep 2010. Using an estimated price of £283,327 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on REDGATE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Jun 2024 | Public order | Under investigation | On or near Sorrel Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Castle Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |